GlobalTranz

FEBRUARY 16, 2017

Thus, companies can eliminate costs during the design process and deliver an appropriate product in a timely fashion. The days of in-house IT departments are obsolescent, reports Steve Menaker of the Cincinnati Business Courier. reports Louis Columbus of Supply Chain 24/7. More Off-Site IT Investments Will Be Made.

Manufacturing Procurement 245

Manufacturing Procurement Inventory Management Software Supply Chain Design Software Continuous Improvement 245

Unleashed

APRIL 6, 2022

Lean manufacturing involves 13 core principles – many more than the ‘five principles’ that are often associated with this popular manufacturing system. The lean concept originally came from manufacturing, but it has gained in popularity and is now used widely across different industries and sectors.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Inventory Management Software 98

GlobalTranz

MAY 6, 2015

Top management knows that lean can add value , but many still haven’t moved past the initial education stage into full-scale lean supply chain implementation. One reason may be that they haven’t made the paradigm shift as to how to implement lean. Eliminate All Waste in the Supply Chain So That Only Value Remains.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120

Precoro

FEBRUARY 26, 2024

For procurement professionals, systemizing and optimizing cost centers is not just a matter of financial management; it's a strategic task for driving efficiency, controlling costs, and enhancing overall performance. In this article, we delve into the intricacies of cost centers and explore strategies for improvement.

Optimal Sourcing 105

Optimal Sourcing Cost Reduction Strategies Optimization Software Negotiating Skills 105

GlobalTranz

AUGUST 9, 2016

Lean is a new way of doing business. For shippers, culture and behavior have to change to apply Lean Transportation thinking. Lean thinking focuses on the elimination of all waste (where waste is defined as any non-value added process) and bringing value to the customer , beyond the customer’s expectations.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Lean Cost Reduction Strategies 120

SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Whether you’re a recent graduate or contemplating a career change, uncover key insights for establishing the groundwork of a thriving career in the dynamic world of supply chain. Lucky for you.

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 73

SCMDOJO

MARCH 7, 2023

But in case you haven’t come across it yet, let us briefly touch on what it is and its concept regarding supply chain management and what Transactional Process Improvement Kaizen really is. Kaizen is a Japanese term that means “continuous improvement.” The specified stages are highlighted below: 1.

Supply Chain Software 91

Supply Chain Software Waste Reduction Agile and Lean Supply Chain Supply Chain Optimization 91

Supply Chain Shaman

SEPTEMBER 13, 2016

The Supply Chain Insights Global Summit is over, but we hope the energy to define Supply Chain 2030 is just beginning. Our goal is to build a guiding coalition to think differently to improve outcomes. As companies prepare for Supply Chain 2030, we think that it is time to rethink the basics.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 195

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure. Cost Reduction is another major goal.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

GlobalTranz

FEBRUARY 17, 2016

Forecasting Cost : Food, fashion, and retail all have seasonal turnover. In order to avoid excess inventory and keep your business lean, you must understand the pace of movement of each product. Overhead Cost : Warehouse Management Systems are expensive, and so are inventory managers. Lean is a new way of doing business.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Unleashed

APRIL 4, 2024

In this issue, we look at: The latest in global supply chain news Manufacturing tips from a safety gear founder 3 simple ways to cut inventory carrying costs Job opportunities from Rolls-Royce, Apple, and more In supply chain headlines New EU due diligence law altered to persuade Italy, Germany.

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Strategies Resource Reduction 52

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

Unleashed

MAY 9, 2024

It measures the effectiveness of the production process in minimising waste, reducing costs, and maximising output with the available resources. Efficiency focuses on improving metrics like machine uptime, cycle time , defect rates, and utilisation of labour and equipment.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Resource Reduction Inventory Reduction 52

GlobalTranz

MAY 20, 2015

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. We have talked a great deal about the evaulation of suppliers on our blog and this post continues that great tradition. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

SCMDOJO

MARCH 8, 2024

By negotiating lower MOQs with suppliers, businesses can reduce the amount of inventory they need to purchase at once. This iterative approach allows businesses to continuously improve their inventory management processes, leading to measurable success over time. Activate: Initiate a frame contract with the supplier.

Inventory Reduction 82

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 82

Unleashed

AUGUST 20, 2023

Here we break down what lead time is, the types of lead times in supply chain management , the factors that affect lead time, and how to shorten lead times to provide a better customer experience. There are many definitions for lead time in supply chain management. Let’s dive in. Here are a few of the most useful ones.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Supply Chain Shaman

MAY 21, 2013

We finished our report on the maturation of hospital supply chains , and I have put the finishing touches on the Healthcare Supply Chain Index for this Thursday’s webinar. New Supply Chain Leader of a Regional Children’s Hospital. “We Supply Chain Leader of a Large Hospital. “We

Modeling 240

Modeling Modeling Software Pharmaceutical Procurement Analytics 240

ThroughPut

NOVEMBER 12, 2020

Warehousing is a vital function of global supply chain management, however often overlooked. McKinsey suggests that warehouse operations can be critical in presenting an untapped improvement opportunity in the supply chain. Lean warehousing. Manage critical KPIs.

Warehousing 52

Warehousing Expense Reduction Inventory Reduction Supply Chain Design Software 52

Locus

APRIL 3, 2023

An effective logistics solution is critical for optimizing supply chain efficiency, reducing costs, improving customer satisfaction, and supporting sustainability goals. Logistics management optimizes these functions and helps in creating an effective balance between the cost and benefits of holding inventory.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Planning Software 52

Unleashed

OCTOBER 5, 2023

Warehouse management encompasses a range of tasks, including: Inventory tracking Order fulfilment Organising storage spaces Optimising layouts Managing personnel Efficient and organised warehouse management plays a crucial role in supply chain management by contributing to timely deliveries and overall customer satisfaction.

Inventory Reduction 52

Inventory Reduction Waste Reduction Material Savings Resource Reduction 52

GlobalTranz

JANUARY 4, 2016

We kick off today a month-long focus on trends in the following categories: Manufacturing, Manufacturing Technology, Supply Chain, Logistics, and Transportation Management. 2016 Supply Chain Trends: The First 7 of 12. What 2016 Supply Chain Trends to you expect to see?

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 120

Unleashed

JANUARY 14, 2024

It refers to the process of purchasing, storing, and tracking the various goods required to build a product. The goal of manufacturing inventory management is to balance the supply and demand of products and minimise manufacturing costs and waste.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

synchrono

OCTOBER 18, 2016

Lean Manufacturing relies heavily on trusted relationships with suppliers and pre-negotiated terms of engagement. Late shipments, short shipments, and other supply chain performance concerns are all captured and presented in terms of percentage of conformance to the service level agreement. Eliminating inventory waste.

Manufacturing Procurement 40

Manufacturing Procurement Agile and Lean Supply Chain Demand Planning Software Optimization Software 40

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

GlobalTranz

JUNE 2, 2016

The 3PL gets to know the shippers'/customers' engineers, manufacturing or supply chain experts in the supplin order to eliminate points of failure down the road. This paradigm shift to an embedded 3PL relationship or supplier model requires significant changes in thinking, behavior, culture, and compensation.

3PL 120

3PL Manufacturing Procurement Optimal Sourcing Resource Reduction 120

synchrono

JUNE 19, 2017

Jessica Twentyman reported in the Financial Times , that for many manufacturers, supply chain collaboration is stuck in the dark ages. Supply Chain Market reported the closest any manufacturer can get to the magic bullet of efficiency (collaboration) is through greater supply chain visibility.

Real-time Visibility 83

Real-time Visibility Supply Chain Software Manufacturing Procurement Agile and Lean Supply Chain 83

GlobalTranz

JULY 12, 2016

A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. Measure what matters for continuous improvement in your processes.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

synchrono

JANUARY 31, 2017

LNS Research blogger Mark Davidson said, “When it comes to metrics, it’s often said that what gets measured gets done.”. Mark also writes: “Metrics that have the attention of business and manufacturing leaders tend to be those that get measured and improved upon by their employee teams.”. Metrics for Action.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 40

The Logistics of Logistics

OCTOBER 8, 2012

The relationship will not work without trust and Continuous Improvements through constant communication in your relationship. Chuck specializes in Supply Chain Optimization, Third Party Logistics (3PL) and International Purchasing and Importing Consulting. Chuck Intrieri is the owner of Charles M.

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

GlobalTranz

OCTOBER 29, 2015

KPIs or Key Performance Indicators are a core practice of measuring the effectiveness and for continuous improvement in any business outsourcing model. Using a Service Level Agreement with effective, realistic Supply Chain & Logistics KPIs helped considerably. Taking a Customer-Centric Approach.

Case Study 120

Case Study KPI Logistics Network Optimization Software Supply Chain Design Software 120

Unleashed

FEBRUARY 12, 2024

With a simple calculation, you can understand what it costs to store and maintain goods. This number can then be used as a benchmark for continual improvement, supporting sustainable business growth. This includes: Labour costs for warehouse personnel Equipment maintenance and depreciation (e.g.,

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

ThroughPut

MARCH 25, 2024

Demand forecasting is a critical component of supply chain management, especially in the complex and unpredictable market landscape of 2024. To address these challenges, supply chain professionals must adopt advanced forecasting methods. Let’s get started with definitions, differences and benefits.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

6 River Systems

MAY 8, 2020

Guy Courtin, Director of Partners and Alliances at 6 River Systems, has a 15-year history in supply chain and has long been a go-to resource for better understanding the impact of technology on the future of the industry. Of course, the overarching question is how our supply chains will be impacted by the sudden shift in behavior.

Supply Chain Software 69

Supply Chain Software Pharmaceutical Agile and Lean Supply Chain Predictive Analytics Software 69

RFgen

JUNE 29, 2017

A change to production demands has implications all the way through to the supply chain, and vice versa. This is particularly evident in the warehouse and supply chain segments, where companies that make improvements to underlying capabilities can empower other teams to work more efficiently.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Agile and Lean Supply Chain 52

RFgen

JUNE 29, 2017

A change to production demands has implications all the way through to the supply chain, and vice versa. This is particularly evident in the warehouse and supply chain segments, where companies that make improvements to underlying capabilities can empower other teams to work more efficiently.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Agile and Lean Supply Chain 52

RFgen

APRIL 10, 2023

In this article, we will explore the numerous benefits of accurate inventory management and how barcode software can play a significant role in helping businesses avoid missing inventory and improve their overall operations. Ensuring accuracy with barcoding ensures supply chain visibility. But not every system is the same.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Optimization Software Supply Chain Software 52